SoftBank Dumps Entire $5.8B Nvidia Stake to Double Down on OpenAI Bet - Decrypt
The Japanese giant is betting $40 billion on OpenAI's path to profitability as Wall Street questions whether AI spending will pay off.
decrypt.co
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www.cnbc.com
SoftBank Group posts $16.6 billion second-quarter profit on OpenAI gains
Japan's SoftBank Group reported a net profit of 2.5 trillion yen ($16.6 billion) for the July-September quarter, its third consecutive quarter of profits.
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www.reuters.com
Softbank does exactly what Nvidia CEO Jensen Huang had made 'fun of' founder Masayoshi Son for - The Times of India
Tech News News: SoftBank has divested its entire Nvidia stake for $5.83 billion, a move coinciding with founder Masayoshi Son's intensified focus on artificial intell
timesofindia.indiatimes.com
SoftBank Shares Dive After Nvidia Sale Spooks AI-Wary Market
SoftBank Group Corp.’s stock slid as much as 10% after the tech investor’s exit from AI sector leader Nvidia Corp. spooked investors already nervous about climbing tech sector valuations.
www.bloomberg.com
Softbank dumps its entire Nvidia portfolio worth $5.8 billion as its CEO goes all-in on OpenAI to the tune of $30 billion | Fortune
Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.
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www.wsj.com
SoftBank books record profit after exiting Nvidia, announces 4:1 stock split
Stock Split: SoftBank sold its entire holding in Nvidia, securing around $5.8 billion ahead of a series of artificial intelligence–focused investments planned by founder Masayoshi Son. The firm had increased its Nvidia stake to about $3 billion by the end of March, and the sale significantly...
www.zeebiz.com
